Dividends & Buybacks ·
Redwood Trust announced the declaration of its third quarter 2026 dividends and a new convertible debt offering
RWTRedwood Trust Inc
Redwood Trust announced the declaration of its third quarter 2026 dividends and a new convertible debt offering. The Board declared a regular common stock dividend of $0.18 per share, payable September 30, 2026 to holders of record on September 23, 2026. Additionally, a Series A preferred stock dividend of $0.625 per share was declared, payable October 15, 2026 to holders of record on October 1, 2026. The company also announced plans to privately offer up to $172.5 million in aggregate principal amount of Convertible Senior Notes due 2030 to qualified institutional buyers. Net proceeds will be used for general corporate purposes and to repurchase shares or existing notes concurrently with pricing. Redwood Trust operates as a specialty finance company focused on housing credit, providing liquidity through securitization platforms and whole-loan distribution.